The common legal-related denominators and differences between the Archegos fallout, Hin Leong Trading fraud, Madoff Ponzi scheme, and other financial scandals.

The rapidly changing nature of investigations in the region, including the rise in importance of economic sanctions and deferred prosecution agreements, as well as how technology is altering

In Winson Oil Trading Pte Ltd v Oversea-Chinese Banking Corp Ltd and another suit [2023] SGHC 220, the General Division of the High Court of Singapore (High Court), in examining the fraud exception...

In the short ex tempore decision of Builders Hub Pte Ltd v JP Nelson Equipment Pte Ltd [2024] SGHC(A) 28 (the "Judgment"), the Appellate Division of the High Court clarified whether an adjudication determination can be set aside for fraud if the fraud did not affect the adjudication determination.

Letters of credit ("LC") are the lifeblood of international trade.

In most of the Association of Southeast Asian Nations countries, corruption remains endemic and deep rooted, steeped in a tradition of political and business patronage.

Managing Director Frankie Leung and Senior Director Jon Nicklin from A&M's Disputes and Investigations team were invited to speak at a seminar organized by the Singapore branch of the...

Trade finance is often structured as self-liquidating financial transactions, with trust receipts and sale and repurchase agreements being the common staples of the industry.

The Singapore parliament approved the Anti-Money Laundering and Other Matters (AMLOM) Bill at second reading 6 August. The new Bill is designed to align Singapore's AML/CFT framework with international standards.

A tough stance against financial crime is necessary to protect Singapore's reputation as a clean and trusted financial centre.

In November 2018, the Serious Crimes and Counter-Terrorism (Miscellaneous Amendments) Bill was read for the second time and passed by the Singapore Parliament.

Letters of credit are common financing instruments that are routinely issued in asset sale transactions and trade finance transactions. They are useful tools that can be deployed...

The Monetary Authority of Singapore has issued a consultation paper on 20 October 2015 proposing various amendments to the MAS Notice PSOA-N02 on Prevention of Money Laundering and Countering the Financing of Terrorism – Holders of Stored Value Facilities.

Kevin Lew Chee Fai was ordered to pay a civil penalty under the Securities and Futures Act (SFA) for insider trading.

The UK Supreme Court ("UKSC") in Singularis Holdings Ltd (In Official Liquidation) v Daiwa Capital Markets Europe Ltd [2019] UKSC 50, recently upheld the decisions of the Court of Appeal and High Court in finding that ...

In recent years, Singapore Courts have had a number of opportunities to consider the scope and applicability of the fraud exception, which has been invoked by banks to resist payment under letters of credit.

There's a huge rise in digital scams and fraud including cryptocurrency-related schemes. If victims have reported the matter to the police, the police may investigate and seize assets relating to the crime.

In the recent decision of Winson Oil Trading Pte Ltd v Oversea-Chinese Banking Corporation and Standard Chartered Bank (Singapore) Limited [2023] SGHC 220, the Singapore High Court allowed the banks' defences ...

Few events are as disruptive and high-stakes for an individual or a business as an unexpected raid by regulatory authorities or law enforcement. Whether it takes place at a home or in an office, the impact is immediate.

There is presently no overarching legislation in Singapore protecting whistleblowers. However, statutes containing provisions affording protection for specific reports exist. Examples of such statutes include the Prevention of Corruption Act 1960 ("PCA") and the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992, which protect the identity of informers.